KeyCorp Predicts Lowe's Companies' Q1 Earnings (NYSE:LOW)

Lowe's Companies, Inc. (NYSE:LOW - Free Report) - Equities researchers at KeyCorp issued their Q1 2026 EPS estimates for Lowe's Companies in a report released on Thursday, April 24th. KeyCorp analyst B. Thomas anticipates that the home improvement retailer will post earnings of $2.90 per share for the quarter. KeyCorp currently has a "Overweight" rating and a $266.00 target price on the stock. The consensus estimate for Lowe's Companies' current full-year earnings is $11.90 per share. KeyCorp also issued estimates for Lowe's Companies' Q2 2026 earnings at $4.25 EPS, Q3 2026 earnings at $3.04 EPS, Q4 2026 earnings at $2.06 EPS, FY2026 earnings at $12.25 EPS and FY2027 earnings at $13.40 EPS.

A number of other analysts have also commented on LOW. Truist Financial lowered their price objective on Lowe's Companies from $295.00 to $258.00 and set a "buy" rating for the company in a research report on Tuesday, April 8th. Mizuho dropped their price target on shares of Lowe's Companies from $305.00 to $300.00 and set an "outperform" rating for the company in a research note on Thursday, February 27th. Telsey Advisory Group restated an "outperform" rating and issued a $305.00 price objective on shares of Lowe's Companies in a report on Tuesday, April 15th. Royal Bank of Canada lowered their target price on shares of Lowe's Companies from $292.00 to $285.00 and set a "sector perform" rating for the company in a report on Thursday, February 27th. Finally, Piper Sandler cut their price target on Lowe's Companies from $296.00 to $269.00 and set an "overweight" rating on the stock in a research note on Monday, March 24th. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and sixteen have issued a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $278.21.

Lowe's Companies Stock Performance

Shares of LOW opened at $220.95 on Monday. The firm has a market capitalization of $123.67 billion, a price-to-earnings ratio of 18.43, a PEG ratio of 1.96 and a beta of 1.07. Lowe's Companies has a 52 week low of $206.39 and a 52 week high of $287.01. The business's fifty day moving average price is $229.29 and its two-hundred day moving average price is $250.63.

Lowe's Companies (NYSE:LOW - Get Free Report) last posted its quarterly earnings data on Wednesday, February 26th. The home improvement retailer reported $1.93 EPS for the quarter, topping analysts' consensus estimates of $1.83 by $0.10. Lowe's Companies had a negative return on equity of 47.55% and a net margin of 8.19%. The company had revenue of $18.55 billion for the quarter, compared to analyst estimates of $18.29 billion.

Lowe's Companies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, May 7th. Shareholders of record on Wednesday, April 23rd will be given a dividend of $1.15 per share. The ex-dividend date is Wednesday, April 23rd. This represents a $4.60 annualized dividend and a yield of 2.08%. Lowe's Companies's dividend payout ratio (DPR) is presently 37.67%.

Hedge Funds Weigh In On Lowe's Companies

Several hedge funds have recently modified their holdings of LOW. JNBA Financial Advisors raised its holdings in Lowe's Companies by 147.1% during the first quarter. JNBA Financial Advisors now owns 168 shares of the home improvement retailer's stock worth $39,000 after acquiring an additional 100 shares in the last quarter. Alta Advisers Ltd boosted its holdings in shares of Lowe's Companies by 41.8% in the 1st quarter. Alta Advisers Ltd now owns 2,713 shares of the home improvement retailer's stock valued at $633,000 after buying an additional 800 shares during the last quarter. Hixon Zuercher LLC grew its stake in shares of Lowe's Companies by 2.9% in the first quarter. Hixon Zuercher LLC now owns 25,888 shares of the home improvement retailer's stock valued at $6,038,000 after buying an additional 736 shares in the last quarter. Cypress Capital LLC increased its holdings in Lowe's Companies by 3.6% during the first quarter. Cypress Capital LLC now owns 10,500 shares of the home improvement retailer's stock worth $2,449,000 after buying an additional 367 shares during the last quarter. Finally, Deseret Mutual Benefit Administrators raised its position in Lowe's Companies by 8.7% during the first quarter. Deseret Mutual Benefit Administrators now owns 4,459 shares of the home improvement retailer's stock worth $1,040,000 after acquiring an additional 356 shares in the last quarter. Institutional investors own 74.06% of the company's stock.

Lowe's Companies Company Profile

Lowe's Companies, Inc, together with its subsidiaries, operates as a home improvement retailer in the United States. The company offers a line of products for construction, maintenance, repair, remodeling, and decorating. It also provides home improvement products, such as appliances, seasonal and outdoor living, lawn and garden, lumber, kitchens and bath, tools, paint, millwork, hardware, flooring, rough plumbing, building materials, décor, and electrical.

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